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Feb 22, 2013
02/13
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MSNBC
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only 42% of republican voters support the deficit through spending cuts alone. more people will blame the republicans in congress. 31% say it will be president obama's fault. 49% say it will be the republican leader's fault. conservatives are trying to do what john boehner is trying to do find a way out. >> karl rove writes my own recommendation should pass a continuing resolution for the balance at the fiscal year dictated at the sequester granting the branch the fle flexibility to more important ones and al exwagner i think that sort of kind of brilliant. because that would make every cut an obama cut. >> this has become the blame game. the only sort of position the republicans have right now is it was bam's idea so he needs to solve it. no matter that they passed the package. >> we should forget that. >> honestly lawrence i can't believe they are still doubling down on this tax piece. they are still obsessed. it looked at income disparity in this country. the top 0.1% of this country made an average of $20 million and you are still trying to sell to the ameri
only 42% of republican voters support the deficit through spending cuts alone. more people will blame the republicans in congress. 31% say it will be president obama's fault. 49% say it will be the republican leader's fault. conservatives are trying to do what john boehner is trying to do find a way out. >> karl rove writes my own recommendation should pass a continuing resolution for the balance at the fiscal year dictated at the sequester granting the branch the fle flexibility to more...
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89
Oct 16, 2013
10/13
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FOXNEWSW
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good to come on. >> on the deficit, we have a president that was threatening to default when the money was there. that had to be in fitch's calculations. >> thank you so much, sir. >> thank you, megyn, really appreciate you, love your show. >> thank you so much, a first video of the president facing tough questions about his role and some of the ugliness in [ male announcer ] hurry in to red lobster's crabfest, with three entrées under $20. like our new snow cb and crab butter shrimp, just $14.99. only at red lobster where we sea food differently. [ male announcer ] now try 7 lunch choices at $7.99. sandwiches, sals, and more. the wright brothers became the first in flight. [ goodall ] i think the most amazing thing is how like us these chimpanzees are. [ laughing ] [ woman ] can you hear me? and you hear your voice? oh, it's exciting! [ man ] touchdown confirmed. we're safe on mars. [ cheers and applause ] ♪ hi. [ baby fussing ] ♪ it guides you to a number that will change your life: your sleep number setting. it will give you the soundest sleep you've ever had. it's a bed so int
good to come on. >> on the deficit, we have a president that was threatening to default when the money was there. that had to be in fitch's calculations. >> thank you so much, sir. >> thank you, megyn, really appreciate you, love your show. >> thank you so much, a first video of the president facing tough questions about his role and some of the ugliness in [ male announcer ] hurry in to red lobster's crabfest, with three entrées under $20. like our new snow cb and crab...
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Oct 17, 2013
10/13
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MSNBCW
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eye 68
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people complain about the deficit? how about let's doing immigration. a trillion dollars, something that is fair and reasonable that this country has needed for a long time. so i look forward to the next venture, is making sure we do immigration reform. we're going to continue extending our hands to the republicans and hope they will come to the table in good faith with the desire to compromise. senator durbin. >> so many times throughout the history of the united states, it has taken the united states senate to resolve national challenges, and to resolve a national debate. it happened again tonight, on the floor of the united states senate. more than 80 senators from both political parties stood up and ended this 15-day ordeal that has been suffered by the people of the united states of america, by federal workers and by those who depend on their good service. i can't describe to you the feeling on the floor during the course of these two votes. the bipartisanship, the comraderie, the friendship that i felt, it was such a relief from what we have been
people complain about the deficit? how about let's doing immigration. a trillion dollars, something that is fair and reasonable that this country has needed for a long time. so i look forward to the next venture, is making sure we do immigration reform. we're going to continue extending our hands to the republicans and hope they will come to the table in good faith with the desire to compromise. senator durbin. >> so many times throughout the history of the united states, it has taken the...
89
89
Oct 13, 2013
10/13
by
CNN
tv
eye 89
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the vast majority of people are afraid of what this huge growth in our deficit is going to do to us. and so, no, i think we have to restrain. there are two problems. and they're both problems. it is a problem for the marketplace to see gous go throh a deadline. but in 2011, we were downgraded because of how big our debt was, not because of getting close to a deaddeadline. the s&p 500 said we didn't do enough to cut spending and act fiscally responsible. it can happen again if we don't wake up and do something to manage this debt. >> i want to play you a little bit of a conversation that you had with senator mitch mcconnell, the republican leader on the senate side that was caught by cameras and then ask you a question on the other side. >> candy, that was private. you wouldn't play a private conversation on tv would you? >> no it, but i sure wouldn't talk when i had a mike on. so let me play this for you. hang on. >> i think if we keep saying we wanted to defund it, we fought for that. but now we're willing to compromise on this, i think we're going to -- i think -- i know we don't w
the vast majority of people are afraid of what this huge growth in our deficit is going to do to us. and so, no, i think we have to restrain. there are two problems. and they're both problems. it is a problem for the marketplace to see gous go throh a deadline. but in 2011, we were downgraded because of how big our debt was, not because of getting close to a deaddeadline. the s&p 500 said we didn't do enough to cut spending and act fiscally responsible. it can happen again if we don't wake...
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Sep 19, 2013
09/13
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MSNBCW
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eye 104
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the deficit, the thing that everyone is worried about, the deficit is shrinking at a record-setting jaw-dropping number. it has been shrinking at a high rate, the projected deficit in 2015 will be 2.1% of the total economy's output, or just 1/5 of what it was at the height of the recession in 2009. the spike you see at the beginning shows the recession, the decline means we are already reaching normal levels. and more than two thirds of the deficit decline is coming from revenue. as the economy improves and higher taxes on the wealthy continue. so draconian cuts by the republicans are not the reason. the progressives as well as main stream economists tried to press the point that in large part, the ballooning deficits would right themselves as the economy improved. and that is basically what happened. meanwhile, house speaker john boehner and other republicans are frozen in their mindset. the deficit has not changed, even though the numbers have. the republicans are talking about the spending problem identical to 2009 before they managed to get the budget control act and the sequester and all th
the deficit, the thing that everyone is worried about, the deficit is shrinking at a record-setting jaw-dropping number. it has been shrinking at a high rate, the projected deficit in 2015 will be 2.1% of the total economy's output, or just 1/5 of what it was at the height of the recession in 2009. the spike you see at the beginning shows the recession, the decline means we are already reaching normal levels. and more than two thirds of the deficit decline is coming from revenue. as the economy...
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Oct 10, 2013
10/13
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MSNBC
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tell, since like the dawn of the 20th century or at least the new deal, has not been the opposition to deficits or the debt, there was a time when they said reagan did it. it is the government provisions to the needy, whether it is to the elderly, the poor, medicaid, food stamps, anything that has to do with government providing benefits to out-groups or to the needy, that is what conservatives oppose. and the reason for opposing the affordable care act, people are not against people buying insurance, it is because they see it as a transfer of wealth to the less wealthy. >> let me just add the notion that the tea party is concerned about money transferring to corporations is fanciful, i think it is a segment of the libertarians who wish this was the problem. you're right, the tea party people don't necessarily get their money from wall street, but from other industries. we know where this money was coming from. a quarter of a billion was just found from the koch brothers, that is the reality. >> you look at a guy like cruz, and yes, his wife is deeply into the financial industry. what do you th
tell, since like the dawn of the 20th century or at least the new deal, has not been the opposition to deficits or the debt, there was a time when they said reagan did it. it is the government provisions to the needy, whether it is to the elderly, the poor, medicaid, food stamps, anything that has to do with government providing benefits to out-groups or to the needy, that is what conservatives oppose. and the reason for opposing the affordable care act, people are not against people buying...
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Oct 14, 2013
10/13
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CNBC
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the problem is not that our deficits are going up. our deficits have actually been cut in half since i came into office and are continuing to go down. the problem is not that there's not the opportunity for us to work intelligently to come up with a budget that creates long-term fiscal stability while still investing in growth, the problem is we've seen this brinksmanship as a strategy time and time again to try to extract, extreme or partisan concessions and i think the american people have made very clear that's not how we expect washington to do business. there are going to be differences between the parties, in terms of budget priorities but we don't need to inflict pain on the american people or risk the possibility that america's full faith and credit is damaged just because one side is not getting its way. and, you know, not only is it untenable for us to continue this shutdown, this week if we don't start making some real progress both in the house and the senate, and if republicans aren't willing to set aside some of their pa
the problem is not that our deficits are going up. our deficits have actually been cut in half since i came into office and are continuing to go down. the problem is not that there's not the opportunity for us to work intelligently to come up with a budget that creates long-term fiscal stability while still investing in growth, the problem is we've seen this brinksmanship as a strategy time and time again to try to extract, extreme or partisan concessions and i think the american people have...
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Jan 15, 2013
01/13
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MSNBCW
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eye 108
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and ironically, would probably increase our deficit. so to even entertain the idea of this happening, of the united states of america not paying its bills is irresponsible. it's absurd. >> if the country defaults on its debt, republicans will take the blame for the damage, as president obama pointed out, the country is required by law to pay for what congress spends. >> congress authorizes spending. they order me to spend. they tell me you need to fund our defense department at such and such a level. you need to send out social security checks. you need to make sure that your paying to care for our veterans. they lay all this out for me. because they have the spending power. and so i am required by law to go ahead and pay these bills. >> many republicans are willing to just let it all burn to the ground. politico reported more and more house republicans are planning to damage the economy. gop officials said more than half of their members are prepared to allow default unless president obama agrees to dramatic cuts he has repeatedly said
and ironically, would probably increase our deficit. so to even entertain the idea of this happening, of the united states of america not paying its bills is irresponsible. it's absurd. >> if the country defaults on its debt, republicans will take the blame for the damage, as president obama pointed out, the country is required by law to pay for what congress spends. >> congress authorizes spending. they order me to spend. they tell me you need to fund our defense department at such...
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Oct 15, 2013
10/13
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CNNW
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anything that they can get as a broader deal, dealing with the debt and deficit. so that is a bit of a change, but with regard to reopening the government, the framework of this deal seems to be pass a bill, fund the government until january 15th, and making sure that budget negotiators have a deadline before the month of december, so the hope is we don't have this crisis again, that they actually do their work, put together a deal that lasts throughout the crisis. and the government would be funded throughout january. >> and it seems, dana, there are issues on the table, is there a possibility -- the senate democratic leaders have refused such a thing in the past. >> it seems like a real probability, this is from sources in both parties, anderson, even some democratic sources who vowed never to put anything on the table with regard to obama care, because they didn't want to use it as ransom to extend the debt ceiling or fund the government. but the issues are dealing with the people getting subsidies, making sure they're verified with regard to how much income th
anything that they can get as a broader deal, dealing with the debt and deficit. so that is a bit of a change, but with regard to reopening the government, the framework of this deal seems to be pass a bill, fund the government until january 15th, and making sure that budget negotiators have a deadline before the month of december, so the hope is we don't have this crisis again, that they actually do their work, put together a deal that lasts throughout the crisis. and the government would be...
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Oct 18, 2013
10/13
by
MSNBC
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we hope we can reduce the deficit in a smarter way. we hope to restore stability to the budget crisis and end the lurching from crisis to crisis." do you share the same hope and is that a delusional hope? >> i think it's a good hope. it's something democrats have been talking about since the senate passed their budget back in march. we've been trying to get the house republicans to appoint conferrees so we could do just this. but we haven't had a budget for four years in this country. you need a road map and we need to have this budget done. so i'm hopeful, and despite the last three weeks, i think we can move forward on this. >> here's the trade everyone's talking about. first, i want to play about what the president said about long-term government debt, right? this is the social insurance programs that are medicare chief, that are drivers of long-term debt. take a listen. >> need a budget that deals with issues that most americans are focused on. creating more good jobs that pay better wages. the challenge we have right now are not s
we hope we can reduce the deficit in a smarter way. we hope to restore stability to the budget crisis and end the lurching from crisis to crisis." do you share the same hope and is that a delusional hope? >> i think it's a good hope. it's something democrats have been talking about since the senate passed their budget back in march. we've been trying to get the house republicans to appoint conferrees so we could do just this. but we haven't had a budget for four years in this...
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Mar 7, 2013
03/13
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MSNBCW
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they're forcing washington to debate deficits instead of jobs. their dominance of the debate is impressive. if this is how a retrograde party in disarray plays the game, who knows what's in store if republicans get their act together?" >> what a sad legacy to just save the country from the great depression. >> right. fair enough. >> and i think -- >> or catch bin laden or save the -- >> what else have you done? >> that predicate may be flawed. the end point that if this is what the party -- >> i think it's totally legitimate to say that the republican party has had a huge affect on the -- much bigger than the actual size in members in congress. in 2010 when they won back the majority of the house, they turned the discussion very abruptly to deficit reduction. the president decided he had to play that game in order to win back the trust. i think to go back to josh's other points that we're getting a very big tell here about how the white house sees legislative strategy going forward. there is no trigger event like the fiscal cliff or sequestration
they're forcing washington to debate deficits instead of jobs. their dominance of the debate is impressive. if this is how a retrograde party in disarray plays the game, who knows what's in store if republicans get their act together?" >> what a sad legacy to just save the country from the great depression. >> right. fair enough. >> and i think -- >> or catch bin laden or save the -- >> what else have you done? >> that predicate may be flawed. the end...
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40
Oct 17, 2013
10/13
by
MSNBC
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eye 40
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we start running huge, huge deficits again. two wars on the credit card, a prescription drug not only on the credit card but didn't allow us to negotiate down drug prices with the drug companies. and then the deregulation collapses the whole economy. we go into a freefall. we've got to do a rescue package for the auto industry. you have to do a stimulus bill and they have the audacity to turn around and say, boy, these democrats. i tell you what, they really know how to spend a lot of money. we're still cleaning up their messes from the last 20 years. >> well, i hope that the democrats don't allow the republicans to get amnesia when it ms. to who's paying for what in the budget negotiations. you're on the house budget committee. i think you know very well what paul ryan is going to be pushing for. there's going to be voucher talk, all kinds of talk about curbing social security benefits. and then no revenue. do you think that this country can straighten its finances out with no revenue? no new revenue? >> i don't think so in th
we start running huge, huge deficits again. two wars on the credit card, a prescription drug not only on the credit card but didn't allow us to negotiate down drug prices with the drug companies. and then the deregulation collapses the whole economy. we go into a freefall. we've got to do a rescue package for the auto industry. you have to do a stimulus bill and they have the audacity to turn around and say, boy, these democrats. i tell you what, they really know how to spend a lot of money....
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167
Apr 11, 2013
04/13
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FOXNEWSW
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eye 167
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they are not cutting back on deficits. he's given us record deficits. how does he with a straight face tell this garbage to the american people? >> i don't know. it's a lot of smoke and mirrors because it never balances. it takes another 1.1 it would. he didn't even produce it until the house passed a budget and the senate passed a budget. why did he produce a budget? because he's missed every deadline. no budget he has ever produced has even got one vote from a republican nor a at that time has ever voted for any of husband budgets. that's the sad part about it and that's why we in this fiscal mess. >> you guys came up with through paul ryan, i like the penny plan, cut one penny out of every dollar, no increases. but i'm just a humble little talk show host, but with that said, you guys have increased spending 4% a year every year for ten years and every democrat acts like, you know, you are gutting, you are cutting, you are destroys, when you are upping the anti every year. >> the other thing that's important here, not what people in washington say abo
they are not cutting back on deficits. he's given us record deficits. how does he with a straight face tell this garbage to the american people? >> i don't know. it's a lot of smoke and mirrors because it never balances. it takes another 1.1 it would. he didn't even produce it until the house passed a budget and the senate passed a budget. why did he produce a budget? because he's missed every deadline. no budget he has ever produced has even got one vote from a republican nor a at that...
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Apr 11, 2013
04/13
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FOXNEWSW
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eye 102
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ñ a taln cutting the deficit. officials called the dipper$ñ?ñ- dinner constructive. mos,>y >> this comes athe regime in the north could test-fire a new missile. the question now, is there anything the united states can do to stop the north koreans wore other would do even. a live report is next. charles schwab, we've committed to setting the bar high by going low. tdd# 1-800-345-2550 like offering schwab etfs tdd# 1-800-345-2550 with the lowest operating expenses tdd# 1-800-345-2550 in their respective lipper categories -- tdd# 1-800-345-2550 lower than ishares tdd# 1-800-345-2550 and vanguard. tdd# 1-800-345-2550 and with all our etfs commission-free tdd# 1-800-345-2550 when traded online in a schwab account, tdd# 1-800-345-2550 it leaves our investors with more money to invest. tdd# 1-800-345-2550 something they've come to count on with us. tdd# 1-800-345-2550 so as investors continue to set their portfolio goals high, tdd# 1-800-345-2550 we help keep their costs of investing low. tdd# 1-800-345-2550 give us a call and open an account today. tdd# 1-800-345-2550 car
ñ a taln cutting the deficit. officials called the dipper$ñ?ñ- dinner constructive. mos,>y >> this comes athe regime in the north could test-fire a new missile. the question now, is there anything the united states can do to stop the north koreans wore other would do even. a live report is next. charles schwab, we've committed to setting the bar high by going low. tdd# 1-800-345-2550 like offering schwab etfs tdd# 1-800-345-2550 with the lowest operating expenses tdd# 1-800-345-2550...
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74
Feb 10, 2013
02/13
by
CNN
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eye 74
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reduction, that the least emphasized method of reducing the deficit, we talk about spending, revenue, growth. he wants to emphasize that we need to make investments in infrastructure, in education, in manufacturing, in clean energy and we'll hear about that. >> and the cloud hanging over all of this is the fact that there is this discussion about, in what, two something weeks, the entire budget process could be turned on its head with this so-called sequestration, right? across-the-board cuts and we have the two sides that seem as far apart as ever on this issue. that is going to have a real impact both on the politics of what's going on in washington as well as the economy. >> i was struck by your interview with rand paul, the sequestration was a pittance. that's a lot of money and you have the defense secretary and john brennan, lots of people saying the sequestration is a threat to the nation's security at this point, and yet rand paul is calling this a pittance, a tea party response to marco rubio. which shows you that the republicans still have this ideological pull against them
reduction, that the least emphasized method of reducing the deficit, we talk about spending, revenue, growth. he wants to emphasize that we need to make investments in infrastructure, in education, in manufacturing, in clean energy and we'll hear about that. >> and the cloud hanging over all of this is the fact that there is this discussion about, in what, two something weeks, the entire budget process could be turned on its head with this so-called sequestration, right? across-the-board...
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Oct 16, 2013
10/13
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FOXNEWSW
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eye 201
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good to come on. >> on the deficit, we have a president that was threatening to default when the money was there. that had to be in fitch's calculations. >> thank you so much, sir. >> thank you, megyn, really appreciate you, love your show. >> thank you so much, we get a first video of the president facing tough questions about his role and some of the ugliness in washington, wait until you see his take on it, in moments. jc: lunch at that one restaurant we all like? rojc: i'm your coworker! c'mon guys. i'm driving. hey, you guys comfortable? it's best-in-class rear legro. and with a turbo engine that gets 35 highway m-p-g. you know j.d. power ranked passat the most appealing midsize car two years in a row? i bet, uh, dan here wishes somebody found him most appealing two years in a row. ron: it's ron jc: ron... exactly. vo: get 0 down, 0 due at signing, 0 deposit, and 0 first month's payment on passat or any new 2014 volkswagen. her busy saturday begins with back pain, when... hey pam, you should take advil. why? you can take four advil for all day relief. so i should give up my two al
good to come on. >> on the deficit, we have a president that was threatening to default when the money was there. that had to be in fitch's calculations. >> thank you so much, sir. >> thank you, megyn, really appreciate you, love your show. >> thank you so much, we get a first video of the president facing tough questions about his role and some of the ugliness in washington, wait until you see his take on it, in moments. jc: lunch at that one restaurant we all like?...
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Dec 12, 2013
12/13
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MSNBCW
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eye 74
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and we have been running deficits in this country, you know that. we have been running deficits in this country, basically nine out of ten years for 50 years, we've done all right during those periods. so it seems to me that is not really the issue. >> this is the slowest economic growth spurt we have had coming off the recession, and there are reasons for that. >> right around the time the budget control passed, and we have cut 600,000 public sector jobs. we've done more in this recovery than any other -- if you add the jobs comparable to reagan or george w. bush figures, you actually get an unemployment number that starts to look a lot better. >> you're ignoring the rate of employee growth in the preceding decade and a and a half. it was an explosive long-term growth. you're ignoring that when you talk about the things you're talking about. the stimulus bill was unprecedented. a trillion dollar bill, it didn't work because most of it went to prop up the government employees around the country and didn't go to the shovel-ready profits. >> i do than
and we have been running deficits in this country, you know that. we have been running deficits in this country, basically nine out of ten years for 50 years, we've done all right during those periods. so it seems to me that is not really the issue. >> this is the slowest economic growth spurt we have had coming off the recession, and there are reasons for that. >> right around the time the budget control passed, and we have cut 600,000 public sector jobs. we've done more in this...
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Mar 2, 2013
03/13
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CSPAN
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but that the deficit reduction alone is not an economic policy. part of the challenge that we have had here is not only congress but washington, generally, spends all of its time talking about deficits and does not spend a lot of time talking about how to create jobs, so i want to make sure we are talking about both. i think, for example, we could put a lot of people back to work, rebuilding our roads and bridges. we know we are going to have to do it. i went to a bridge that connects john boehner's state to mitch mcconnell's state -- how do we do it? how do we create jobs that will be good for businesses and improve commuter safety? that has to be part of the conversation, not just about cutting and spending. what i want to do is make sure we are constantly focused, that are true north is looking at how to make american families succeed. deficit-reduction is part of that agenda, but it is not the only part, and i do not want us to be paralyzed because we disagree on this one thing. as i already said to jessica, over time, perhaps after republican
but that the deficit reduction alone is not an economic policy. part of the challenge that we have had here is not only congress but washington, generally, spends all of its time talking about deficits and does not spend a lot of time talking about how to create jobs, so i want to make sure we are talking about both. i think, for example, we could put a lot of people back to work, rebuilding our roads and bridges. we know we are going to have to do it. i went to a bridge that connects john...
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115
Jan 2, 2013
01/13
by
WBAL
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eye 115
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the fact is, the deficit, is still too high. we are still investing too little in the things that we need for the economy to grow as fast as it should. that is why speaker boehner and i try to negotiate a larger agreement. that would put this country on a path to pay down its debt bank also putting americans back to work rebuilding roads and bridges and providing investment the dark areas like investment and job training. unfortunately, there was not enough support or time for that kind of large agreement in a lame duck session of congress. that failure comes with a cost. the mess in nature of the process of the past several weeks has made business more uncertain and consumers less confident. but we are continuing to chip away at this problem. step by step. last year, i signed into law $1.70 trillion in deficit reduction. tonight's agreement for the reduces the deficit by raising billions of dollars in revenue from the wealthiest households in america. there will be more dead as a reduction as congress decides what to do about t
the fact is, the deficit, is still too high. we are still investing too little in the things that we need for the economy to grow as fast as it should. that is why speaker boehner and i try to negotiate a larger agreement. that would put this country on a path to pay down its debt bank also putting americans back to work rebuilding roads and bridges and providing investment the dark areas like investment and job training. unfortunately, there was not enough support or time for that kind of...
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190
Oct 8, 2013
10/13
by
CNNW
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eye 190
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we've cut the deficit in half since i took office. the deficit is coming down faster than any time in the last 50 years. america's poised to become the number one energy producer in the world this year. this year for the first time in a very long time, we're producing more oil than we're importing. so we got a lot of good things going for us, but the uncertainty caused by just one week of this nonsense so far has caused businesses to reconsider spending and hiring. we've seen consumer confidence plunge to it the lowest level since 2008. you've seen mortgages held up by thousands of home buyers who weren't sure about the economic situation out there. and all this adds to our deficits. it doesn't subtract from it. so we can't afford these manufactured crises every few months. as i said, this one isn't even about deficits or spending or budgets. our deficits are falling at the fastest pace in 60 years. the budget that the senate passed is at republican spending levels. it's their budget that democrats were willing to put votes on just to
we've cut the deficit in half since i took office. the deficit is coming down faster than any time in the last 50 years. america's poised to become the number one energy producer in the world this year. this year for the first time in a very long time, we're producing more oil than we're importing. so we got a lot of good things going for us, but the uncertainty caused by just one week of this nonsense so far has caused businesses to reconsider spending and hiring. we've seen consumer...
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Oct 16, 2013
10/13
by
ALJAZAM
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eye 91
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. >> right, all of those by the way, everybody's suggestion spends less or cuts the deficit than the current budget we've been running on for the last four years. everything that we're doing is enter than what we're doing right now. >> pretty much. every one of those spending plans requires people to make a decision to cut spending in something. so you've got democrats who won't let anybody cut spending on education or on social security, god forbid we reach social security age. republicans do not want to cut any spending on defense. they're funding programs that the leaders of the military want cuts but they won't let them cut because their jobs depend on it. >> all jobs are local. >> default means nobody has to say i want to cut this. >> the most dangerous decision is the least politically harmful for some people. those who were okay to default can go only and say i stood up on principle. >> we've seen members of congress completely unwilling to stand up and say i'm willing to risk my job to do the right thing for the country. >> that's right. don't go far we're going to keep an ey
. >> right, all of those by the way, everybody's suggestion spends less or cuts the deficit than the current budget we've been running on for the last four years. everything that we're doing is enter than what we're doing right now. >> pretty much. every one of those spending plans requires people to make a decision to cut spending in something. so you've got democrats who won't let anybody cut spending on education or on social security, god forbid we reach social security age....
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deficit $536 billion. $536 million. back then social security made up 6.5%. 6.5%. of the federal budget. 6.5%. the decayed and medicare didn't exist back the let's compare that to what we are doing now. a 20% of the budget on social security, and thene throw a 21% more of the federal budget for medicare, medicaid, and anotr 13% for other social programs, food stamps. so that comes up to a whopping 54% of the budget. 54%. forgot to mention this. it is kind of important, isn't it? back than median family income was about $38,000. $38,000. today it is $62,000. we will pretend that looks like a two and that looks like a six. we haven't done too well, more than half a century in raising a the median income ine this country and that is something he is right about, we do have to fix that. imagine this, it's got a nobel prize. the unions made up 24% read today that number a rather convenient because a reduction by half of 12% right now. it tells which were the country is moving in this nostalgia for a 91% tax rate. i want you t
deficit $536 billion. $536 million. back then social security made up 6.5%. 6.5%. of the federal budget. 6.5%. the decayed and medicare didn't exist back the let's compare that to what we are doing now. a 20% of the budget on social security, and thene throw a 21% more of the federal budget for medicare, medicaid, and anotr 13% for other social programs, food stamps. so that comes up to a whopping 54% of the budget. 54%. forgot to mention this. it is kind of important, isn't it? back than...
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Oct 17, 2013
10/13
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but uncertainty comes from having a $17 trillion deficit or debt. not knowing how we'll pay that in the future that e'sty that h economy. we've increased the marginal tax rate on 50% of business income from 35% to almost 45%. and we're talking about the charade we just played for three weeks as causing all this damage and ignoring the fact that we just increased the tax rate on all those businesses. >> two separate tax hikes this year. a payroll tax hike, that includes the investment tax hike on what i call the economic activist. plus boat load of regulations, ben, which even if you buy into obama care, you cannot deny that the regulatory quagmire is gigantic. >> and i think that's why we get in to the budget talks whether we get a grand bar begin gain oi doubt it. let's do fundamental tax reform, get the corporate rate down, do they have to trade something for that. you seem keen on keeping the sequester in completely, but i think we've had tax increases, there will not be another tax increase. no way that happens. >> why didn't the president today
but uncertainty comes from having a $17 trillion deficit or debt. not knowing how we'll pay that in the future that e'sty that h economy. we've increased the marginal tax rate on 50% of business income from 35% to almost 45%. and we're talking about the charade we just played for three weeks as causing all this damage and ignoring the fact that we just increased the tax rate on all those businesses. >> two separate tax hikes this year. a payroll tax hike, that includes the investment tax...
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Jan 14, 2013
01/13
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if the issue is deficit reduction, getting our deficits sustainable over time, getting our debt in a sustainable place, then democrats and republicans in congress will have a partner with me. we can achieve that, and, you know, we can achieve it fairly quickly. we know what the numbers are. we know what needs to be done. we know what a balanced approach would take, and we've done probably more than half of the deficit reduction we need to stabilize the debt and the deficit. there's probably been more pain and drama in getting there than we needed, and so finishing the job shouldn't be that difficult if everybody comes to the conversation with an open mind and if we recognize that there's some things like not paying our bills that should be out of bounds. all right? i'm going to take one last question. jackie collins. yeah. >> i would like to ask you now that you've reached the end of your first term, starting your second, about a couple of criticisms. one that's longstanding. another more recent. the long-standing one seems to have become a truism of sorts that you and your staff are
if the issue is deficit reduction, getting our deficits sustainable over time, getting our debt in a sustainable place, then democrats and republicans in congress will have a partner with me. we can achieve that, and, you know, we can achieve it fairly quickly. we know what the numbers are. we know what needs to be done. we know what a balanced approach would take, and we've done probably more than half of the deficit reduction we need to stabilize the debt and the deficit. there's probably...
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Aug 5, 2013
08/13
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. >> the growing deficit? that's just wrong. the deficit has gone down by $800 million since the president took office. that the fastest deficit reduction since world war ii. the gop agenda literally doesn't add up. that's why their big challenge now is not on the facts but on how to confuse voters. republicans are heading home armed with a media kit called, quote, fighting washington for all americans. they suggest lawmakers write articles in newspapers saying, quote, every day i serve in congress, i work to fight washington. the gop brain trust came up with tips like use a camera on a tripod when you hold your youtube roundtable. at town halls, make sure there is room for cameras in the back. oh, and don't forget to talk about the negative effects of obama care. that's their big plan? bring a tripod, smile, and make stuff up about health care? republicans are living in a fantasy world. but their extremist agenda could make millions of americans suffer in the real world. joining me now is congresswoman jan sc
. >> the growing deficit? that's just wrong. the deficit has gone down by $800 million since the president took office. that the fastest deficit reduction since world war ii. the gop agenda literally doesn't add up. that's why their big challenge now is not on the facts but on how to confuse voters. republicans are heading home armed with a media kit called, quote, fighting washington for all americans. they suggest lawmakers write articles in newspapers saying, quote, every day i serve...
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Jan 6, 2013
01/13
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more broadly on deficit reduction, for me, stepping back and looking at it, having done deficit reduction in the farm bill -- i know it can be done in a smart, sensible way that works for people, works for families. there are three parts to deficit reduction. one is spending cuts. congress has agreed to $1.6 trillion in spending cuts, not counting the $24 billion in the farm bill. social security is solvent till 2033. we ought to be addressing that, but separately. we have already agreed to $700 billion in cuts in savings to medicare. we have not done anything, until a couple of days ago, to say the wealthiest americans should be part of the solution, and that is what happened on new year's eve in the senate. we said the wealthiest americans need to contribute a little bit more while we maintain tax cuts for the middle-class families. going forward, balance means you address all of those things. it has got to be balanced in all three parts. the other thing we have got to keep focused on -- coming from michigan, i am laser focused -- and that is jobs and our economy growing. we will never
more broadly on deficit reduction, for me, stepping back and looking at it, having done deficit reduction in the farm bill -- i know it can be done in a smart, sensible way that works for people, works for families. there are three parts to deficit reduction. one is spending cuts. congress has agreed to $1.6 trillion in spending cuts, not counting the $24 billion in the farm bill. social security is solvent till 2033. we ought to be addressing that, but separately. we have already agreed to...
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Nov 16, 2013
11/13
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FBC
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and then, it's saturday and they're still running a deficit. that is a solaria. >> and we triple the votes of the tweets people? [laughter] >> it's truly interesting. that is how much money the fed has printed. and that is really -- i think what it comes down to it. >> but the fact of the matter is that when the fed keeps printing all of this, the only people that benefit are the folks on wall street. >> they can't stop it. they don't want to stop it. and their deficit is going to be bigger this year than it was last year. >> but you see what they are saying. >> we don't have a spending problem, we have a revenue problem. >> i again repeat that it is what is happening in our society is that wall street is doing great they are pumping a lot of money and putting tax money and then the money comes in hand over fist. >> more money the government has, if you think that is a good use of your money, fine. and they should get more of it. neil: is good seeing you, my friend. >> it is not hillary clinton, senator warren could be the one of these. and >>
and then, it's saturday and they're still running a deficit. that is a solaria. >> and we triple the votes of the tweets people? [laughter] >> it's truly interesting. that is how much money the fed has printed. and that is really -- i think what it comes down to it. >> but the fact of the matter is that when the fed keeps printing all of this, the only people that benefit are the folks on wall street. >> they can't stop it. they don't want to stop it. and their deficit...
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Oct 16, 2013
10/13
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and building on the work done over the past four years in which we have reduced our deficits by half, we need to continue to take a balanced approach so that no sector of society unfairly has to bear the brunt of that project. that is always his position and will be his position moving forward. >> thanks, jay, can you give us color of how the president was informed of the deal and who told him and what his reaction was? nnone. nnone? >> right now we are looking for capitol hill for action to be taken. the president has been in contact with leaders of congress as has members of his team and we are encouraged by the progress we have seen and hope that it is fulfilled with both the votes in the senate and house. >> can you give us anymore about how he was involved in the process if >> he as you know had meetings with the members of congress and invited all members of both houses to the white house, and it is also the case that we don't inform you of every phone call that he makes, and neither does members of congress or others. he has been engaged in this process and his team has been e
and building on the work done over the past four years in which we have reduced our deficits by half, we need to continue to take a balanced approach so that no sector of society unfairly has to bear the brunt of that project. that is always his position and will be his position moving forward. >> thanks, jay, can you give us color of how the president was informed of the deal and who told him and what his reaction was? nnone. nnone? >> right now we are looking for capitol hill for...
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Jan 6, 2013
01/13
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why isn't he leading us in the direction of beginning to solve our long-term debt and deficit problem? it's perplexing to me. that the president of the united states, elected to lead the country, is so reluctant to engage on the most important issue regarding our future. >> but you understand what the president told me last week and other democrats have said, the republicans had a chance to say yes to a number of things, in addition to the trillion dollars of spending cuts that were en80ed as part of the budget control act of last year. they could have had additional cuts in entitlement programs if you had agreed before you did it in this temporary measure. going back to the summer of 2011, the president said to all of you republican leaders, if you didn't have such a hard time saying yes to me as president we could have solved some of these issues why. is he off base about that? >> you can relitigate the past if you want to. where we are now is we have resolved the revenue issue, and the question is, what are we going to do about spending? i wish the president would lead us in this d
why isn't he leading us in the direction of beginning to solve our long-term debt and deficit problem? it's perplexing to me. that the president of the united states, elected to lead the country, is so reluctant to engage on the most important issue regarding our future. >> but you understand what the president told me last week and other democrats have said, the republicans had a chance to say yes to a number of things, in addition to the trillion dollars of spending cuts that were...
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Mar 8, 2013
03/13
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they both say they want to cut the deficit. stop adding to the national debt. so fortunately, we have a perfect number system to do it. the conservatives say the federal government should only be spending one out of five dollars produce the by the economy each year, one dollar in five. conservatives also say the federal government shouldn't run up a deficit. simple. then raise one dollar in five in taxes or stop complaining about the deficit. same for the democrats. the math works just as well for them. this they want the government to spend more they should back the revenue level up to that amount. so if both sides want to bargain, if they really want to get to a solution, here it is. both sides have to agree, a, to tax enough to pay for the government they believe in and, b, limit the size of government to the level they're willing to tax to pay for. go ahead. the number system's fine, perfect for haggling and you don't have to head over to the jefferson hotel to do it. that's "hardball" for now. thanks for being with us. "the ed show" with ed schultz starts
they both say they want to cut the deficit. stop adding to the national debt. so fortunately, we have a perfect number system to do it. the conservatives say the federal government should only be spending one out of five dollars produce the by the economy each year, one dollar in five. conservatives also say the federal government shouldn't run up a deficit. simple. then raise one dollar in five in taxes or stop complaining about the deficit. same for the democrats. the math works just as well...